All News

Arrested Bulker Put to Auction in Singapore

The 81,000 DWT bulk carrier Maverick Gunner was arrested in June.

2 Dec 2016

Tianjin Sees Increased Theft Risk, Including Bunkers

Huatai Insurance says small vessels, disguised as fishing boats, gain access to target vessels at night.

2 Dec 2016

Expect Post 2020 Bunker Markets to be More Fragmented and Complex, Conference Hears

"The shipping industry, if it doesn't have a policeman, will do whatever is cheapest," says Marine and Energy Consulting Limited's Robin Meech.

2 Dec 2016

Australia Limits Sulfur Content in Bunkers at Sydney Harbour to 0.1%

Under the new rule, all cruise ships must now use fuel with a maximum fuel oil sulfur content of 0.1 percent while at berth, or an equivalent alternative method.

2 Dec 2016

Bernhard Schulte Places Order for LNG Bunker Tanker

Hyundai Mipo Dockyard is said to have signed a LoI with Bernhard Schulte for the vessel's construction.

2 Dec 2016

Seatrans Ship Management to Utilise Bunker-Saving ECO Insight on 20 Vessels

DNV GL says the solution has now been implemented on over 750 vessels, with many of them noted to be operated by tanker companies.

2 Dec 2016

Wärtsilä Expands 5% Bunker Saving EnergoProFin Tech to Controllable Pitch Propellers

Wärtsilä says it was previously considered impossible in the industry to apply the technology to CPPs.

2 Dec 2016

48 Hour Strike Action Launched at Port of Piraeus

The strike, which is being carried out by the Seamen's Union to protest tax increases, began Friday morning at 6 a.m. and will last until Sunday morning.

2 Dec 2016

Bunker Prices Surge to 16 Month Highs, Break $300/mt in the Primary Ports [Graph]

Bunker buyers should nevertheless expect continued volatility as we head into 2017.

2 Dec 2016

Crude Benchmarks Rise Another 5%

Bunker prices were again firmer in the primary ports.

1 Dec 2016

Shortage in Compliant Bunkers to Be Expected in 2020, Says Aegean GM

"The sulfur change will undoubtedly bring some novelties in the bunkering world," says Aegean's general manager, Gregory Robolakis.

1 Dec 2016

Weekly Vessel Scrapping Report: 2016 Week 47

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from November 24 – November 30, 2016.

1 Dec 2016

APT Takes Delivery of Newest LNG-Ready Product Tanker

American Endurance is the first of four next generation LNG-ready product tankers being built for American Petroleum Tankers by Philly Shipyard.

1 Dec 2016

Carnival's Princess Cruise Line to Pay "Largest-Ever" Fine for Intentional Dumping

Princess Cruise Line will pay a $40 million penalty and plead guilty to charges related to illegal dumping of oily waste from one of its vessels.

1 Dec 2016

Hamburg Süd to Be Acquired by Maersk Line

Pending final agreement and regulatory approvals, the deal is expected to be completed in the early second quarter of 2017, says Maersk Line.

1 Dec 2016

World Fuel Services 2020 Vision: Preparing for the New Global Sulphur Cap

Preparing for 2020 will be a costly business; and for companies that get their strategy wrong, it will be a very costly business indeed.

1 Dec 2016

Saudi Said To Have Won Big On Cutback Agreement, But Skeptics Warn That Deal Has Yet To Be Honoured

Deal is seen as Saudi victory because it will facilitate their sale of Saudi Aramco.

1 Dec 2016

Lucien Wong to Step Down as MPA Chairman

Wong, who will be succeeded by MPA deputy chairman Niam Chiang Meng, is set to become Singapore's next attorney-general.

1 Dec 2016

Cyprus Sees 12% Growth in Year to Date Bunker Sales

Cyprus government data shows bunker fuel sales for the first 10 months of the year amounted to 228,004 metric tonnes.

1 Dec 2016

Oil Jumps 9% on Surprise OPEC Ratification, But Number Crunchers Think Production Will Rise Anyway

Analysts worry that 2017 could be another year of global supply growth due to non-OPEC production and non-compliance.

30 Nov 2016